Page 61 - Success Guide

BUYER'S AFFIDAVIT
That Buyer is acquiring property for use as a residence
and that sales price does not exceed $300,000.
(FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT)
(C.A.R. Form AB, 2/91)

1. I am the transferee (buyer) of real property located at 246 Any Street, Any Town, Any State 09876
.

2. The sales price (total of all consideration in the sale) does not exceed $300,000.

3. I am acquiring the real property for use as a residence. I have definite plans that I or a member of my family
will reside in it for at least 50 percent of the number of days it will be in use during each of the first two 12
month periods following the transfer of the property to me. I understand that the members of my family that
are included in the last sentence are my brothers, sisters, ancestors, descendants, or spouse.

4. I am making this affidavit in order to establish an exemption from withholding a portion of the sales price of
the property under Internal Revenue Code §1445.

5. I understand that if the information in this affidavit is not correct, I may be liable to the Internal Revenue
Service for up to 10 percent of the sales price of the property, plus interest and penalties.

Under penalties of perjury, I declare that the statements above are true, correct and complete.

Date Signature

Typed or Printed Name

Date Signature

Typed or Printed Name

IMPORTANT NOTICE: An affidavit should be signed by each individual transferee to whom it applies. Before
you sign, any questions relating to the legal sufficiency of this form, or to whether it applies to a particular
transaction, or to the definition of any of the terms used, should be referred to an attorney, certified public
accountant, other professional tax advisor, or the Internal Revenue Service.

© 1988-1991, California Association of REALTORS®, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this
form, or any portion thereof, by photocopy machine or any other means, including facsimile or computerized formats.
THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR
ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE
TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL.
This form is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORS®. It is not intended to identify the
user as a REALTOR®. REALTOR® is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS® who
subscribe to its Code of Ethics.
Published and Distributed by:
REAL ESTATE BUSINESS SERVICES, LLC.
a subsidiary of the California Association of REALTORS®
525 South Virgil Avenue, Los Angeles, California 90020
AB REVISED 2/91 (PAGE 1 OF 1)
BUYER'S AFFIDAVIT (AB PAGE 1 OF 1)
BHHS Perrie Mundy Realty Group & California Realty 1440 Industrial Park Ave. Redlands, CA 92374 Phone: 9095286276 Fax: 9095286276 Week 8 Writing
Michele Herring Produced with Lone Wolf Transactions (zipForm Edition) 231 Shearson Cr. Cambridge, Ontario, Canada N1T 1J5 www.lwolf.com